The Folly Of Attaching Expendability To Crypto

in LeoFinance2 years ago

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Once it's the crypto dips, people begin to weigh their options, this is probably looking for where the pasture is greener in order to pitch their tent. This is expected, survival is an instinct that is inborn. There are things that are certain in life and this is spending one's resources, burning one's time, energy and abilities to actually make money and take care of needs. Whether we like it or not, money is essential.

Overtime I've come to learn that money is dynamic. It changes; how to make it, how to use it and even how to multiply it. The conventional way to believe in the future of crypto is to hodl whether it's the bear or bull nowadays people aren't just hodling, they're putting their crypto into use and trying to pull the rabbit out of the hat, it's only the beginning. About a week ago, I spent $440 buying packs from the general sales, after I had already spent like $50 in the presale.


Holdling To differently HODL

This isn't because I'm certain of gains, it's probably a different way to hodl almost 500$. A lot of people look to Crypto for those mad millions, the level of expectations are always high it makes people see the futility to diversification. Overtime, I've come to agree that money making needn't be conventional anymore. In some jobs in Nigeria, you need to have a British accent, a nice smile, a pretty face and a good smile to even stand a chance to compete for a good job.

Not a lot of people have this, so does this means they're not worthy to earn? This was back then when landing a good job was actually the dream of every parent for their children. But just look at how the internet has revolutionized that. We've come to see that people are differently enabled when it comes to making money, one of the relevant cause of poverty is seeing conceptualizing money in a narrow-minded manner.


While Crypto looks complex on the surface, it's even more complex and sophisticated when you dive into it. The market has an open-entry feature and each and every aspect you dive into increases your chances and builds more opportunities. Now, crypto can be aggrandizing, the way it's often visualized feels unreal, this is due to the myriad of information about it that seem to overwhelm you online and offline.

However, the simple trajectory is: a plausible opportunity that might change your life. I try to not overstate it. Notice the use of "might". I just believe that Crypto itself is more certain than even the Nigerian economy itself. The whole functionalities, the system and the platforms irrespective of the fact that I used "might" in my Crypto assessment.


The Simpler Trajectory

Many people have asked how crypto is changing the game in places like Nigeria, and I've just painted the entire picture. Thing is, many might feel that one needs to be extremely wealthy to lead a good life. This isn't true. Crypto is the greener pasture especially in a place where it's hardly green no matter the season. People complain about bearish situations, but to someone like me, these situations are like a regular Tuesday.

Many people in Nigeria dismiss the aspect of spending, that feel that while they have money, they need to enjoy it, but when you're futuristically scared of the economy, the aspects of inflation, you'll understand that you need to build towards the "future" while sustaining "the present" in a more sensible way. However, we can become overbearing with spending, I mitigate this discrepancies by having it in mind that, the grass have never been green in a place like Nigeria.


Comprehensibly......

This blog post is to educate some Nigerian newbies about Crypto. Listen, not all of you will have the money to go for PhD programs abroad, (because this is probably the only conventional way to raise the bar). A lot of these people haven't taken cognizance of this. A national degree is as uncertain as tomorrow while you're exposed to plenty, don't attach expendability to Crypto, it might probably be as bright as your future gets.

Now, I might just be an ignorant fellow, this is totally fine. Overtime I've come to know that listening to my logical rather than my emotional self has taken me farther in life. In the past four years I haven't really made money from where I should, instead I have from where it's improbable, and spent this money more in places where the chances of earning them back are unsubstantial, now isn't this illogical? I won't further explain my point. The Igbos would say: Count your teeth with your tongue




Interested in some more of my works?


A Personal View Into The Meaning Of Spirituality (ecoTrain QOTW)
Why You Couldn't Create Good Contents In 2021, Why You Still Wouldn't In 2022.
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Overall I still think holding onto the packs are generating you some SPS so you still get some return on those packs.

While it is nice to chase the returns, I think it is just a bit too risky. Getting some smaller returns don't matter so long as everything is growing.

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For me, it isn't even about chasing those returns, it's about growing the little returns for a quite a longer period of time. I'll actually hold on the packs probably for SPS.

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Well even if it wasn't the SPS, if things follow like untamed, we could see a 10x increase in value once things sell out.

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Crypto is a game changer and it was long before I realized it. It is good to learn from you brother

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I still think we have the time if you ask me, I mean, we can still be considered early adopters depending on how well we take the chances.

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An amazing post and a must read for crypto babies. In this post you gave facts that are reality to the crypto world and I agree with you all the facts you pointed. I learns something new from you😎. One needs to flexible and at the same logical when make decisions.

It is a pleasure reading you work again. How have you been? Stay safe😊

Thanks a lot for dropping by, I'm learning everyday myself. I try to widen my knowledge by being my own critic and letting the experience of others as well serve as a beacon. In Nigeria actually, some of the things I pointed out are dominant. I have been good, how about you?

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I am doing okay here. heheh... It nice to hear from you. Have a wonderful day ahead.

Keep expanding 😎

Thanks, I'm sorry, I haven't had the time to stop by often, but I appreciate you coming through.

This post if right on the money. Crypto is not a quick pay chek. Crypto is a learn to earn business. Where knowledge is truly power the more you know, the more you know you need to know. And that saves you on market watching unless thats what butters your bread and with knowledge you are able to navigate the bears with a seriois hope for tomorrow. As you bask in the use cases being build in the cryoto space

Spot on with your accessments, cheers!

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Very well sire @josediccus . Although, I am still very young in this crypto but the way I see some people mis-partake in it is funny. They dont see it as maybe investment or something. When it dips, they panic. And i'd be like I thought this person said he has been in crypto for what seems like ages..
Keep up the good work @josediccus

Growth comes with a lot of practicals, experience, mistakes, regrets and all. Eventually people should target sustainability rather than sudden wealth they didn't work for.

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Exactly, @josediccus, sustainability! Even this should not be limited to finances, but anything you do that benefit you or people around you, let there be a defined plan to sustain it, infact, for ever.


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U keep expanding my knowledge boss. I'm privileged to follow u.

Making money has been quite hard these days. Especially securing job in Nigeria. Some factors you mentioned are very true "pretty face and accent like news broadcast job and so on.

I myself see crypto as a solution. Because we all need to survive.

If there anyway you feel I need to be corrected in this write up, I'll appreciate it!

Some factors you mentioned are very true "pretty face and accent like news broadcast job and so on.

Even marketing, sales, TV jobs, the banking sector and many other sectors would subconsciously set all these as criteria but would never list them as criterias. It's definitely crazy.

No, you're spot on with your comment actually. Cheers!

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Thanks boss ❤

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Very glad Nigerians are getting a break from all that malevolent and perverse manipulation of africa's politics.

Cheers!

This thought about spending money and crytonomics...

This afternoon while doing my chores, I had a thought while pondering on how else i could diversify and branch into other parts of crypto-nomics.

The thought was that, I may not get to make millions from Crypto, the other was that i was bound to make mighty losses. So what do i do to prepare for this situation?

It's funny how I was able to come up with a solution for a really pressing situation last night but this afternoon, it felt like i was at cross roads. While I diversify my earnings (which is HBD at the moment) how do I actually live off it without squandering?

😩😩😩😩😩😩😩

The thought was that, I may not get to make millions from Crypto, the other was that i was bound to make mighty losses

This is totally realistic. I feel the same as well. Crypto for me isn't to be a "ritual-esque" millionaire. I thrive more with sustenance and growing whatever I can overtime, while taking care of myself with the gains I have made. When you're intentional about crypto, constantly putting in the work and finding ways to diversify you'll discovered that overtime, you've built something sustainable for yourself. The goal isn't to be wealthy but to be comfortable overtime. You'll eventually get there

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I hope too. I'm about to make use of this dip... Doesn't mean I'm not confused.